Munich SHB
The real estate specialists will be almost euphoric even optimists for the Munich real estate market had not expected such positive developments. Aschheim near Munich based SHB innovative fund concepts AG (SHB AG) is pleased about this development. Shall be again several properties in the Munich area their funds. The crisis of the euro bounces in the Munich office market”, writes the Suddeutsche Zeitung and takes inter alia as regards numbers by Jones Lang LSalle (JLL), which confirm that the last quarter for Munich was not only very good, but even record. The sales were the highest for ten years. In the face of low growth rates, offering in Munich have squeeze again. Investment side Munich rank three, after Moscow and London, now ranked as JLL.
Munich hunger is unabated in every respect”, says also Hans Gruber of the SHB innovative fund concepts AG (SHB AG). For this reason, the SHB has tried repeatedly, attractive To buy real estate in Munich and the surrounding area for his Fund. Also the analysts by Colliers shower & Saeed look with enthusiasm on the sales development in Munich in 2011: it climbed in the Office area to 860.300 square meters, representing an increase of 49 percent. BNP Paribas real estate has calculated slightly higher with 883.000 square meters, but it is irrelevant in terms of the overall trend. Munich is clear in 2011 as the absolute winner of the property market in Germany. The vacancy rate could be reduced here by 7.8% to 7.1%. For the current year is Colliers shower & Scholl assumes, that the Bavarian capital will remain the focal point in the commercial, as in the housing sector and attracts many investors. The real estate specialists of Colliers shower & Saeed expect in a possible transaction volume of more than EUR 2 billion.
That would be a house number even for otherwise success spoiled Bayern. In any case, we can say that the Decisions of the Fund management were at the right place to invest in real estate in the Munich area. The positive price development triggered by the capital and stable demand of the lessee will ensure for a stabilisation of the value appreciation of the objects, which ultimately benefits the Fund subscribers”, thinks the real estate expert of SHB innovative fund concepts AG (SHB AG). For more information,